VAT Registration in Dubai

Our team of qualified tax advisors and accountants offers in-depth reviews and tailored guidance to ensure your business adapts seamlessly to changes in regulations and business scenarios. Let us help you optimise your VAT strategy and maintain compliance.

What is VAT?

Value Added Tax or VAT is an indirect tax which means that the burden of the tax falls on the end-consumer. Organizations are obliged to collect and account for the tax in aid of the government. VAT in UAE is applicable evenly on tax-registered businesses running in both the UAE’s mainland and in the free zones.

Vista Auditing and Accounting’s dedicated team of tax professionals keeps you up-to-date on the latest VAT regulations and ensures accurate record-keeping and reporting to the FTA. VAT compliance isn’t just about filing returns on time. It’s about safeguarding your business. Our team meticulously monitors your daily transactions, ensuring accurate record-keeping that minimises the risk of errors and potential penalties during FTA audits. At Vista Auditing and Accounting, we provide you with the following services;

  • VAT Registration
  • VAT Return Filing
  • VAT Refund
  • VAT Accounting 
  • VAT Deregistration

Our team constantly monitors changes in UAE VAT laws, analyses them and promptly communicates their impact to our clients, ensuring they can take advantage of any benefits or avoid potential pitfalls.

Documents Required for VAT Registration in Dubai

  • Copy of passport or Emirates ID
  • Copy of the company’s trade license
  • Business activities description
  • Turnover in AED for the past 12 months
  • Invoices supporting sales over the last 12 months
  • Expected turnover in the next 30 days
  • Anticipated import value for a year from all GCC countries
  • Company’s Certificate of Incorporation
  • Company’s Certificate of Articles of Association
  • Company’s Certificate of Power of Attorney

Value-Added Tax Registration in UAE

Our VAT Services Process: Ensuring Compliance Every Step of the Way

Our expert team is here to guide you through every step of the VAT process, from initial assessment to ongoing compliance. Discover how we can help your business with its VAT obligations.

Assessment & Consultation

We thoroughly review your business model, revenue streams and transactions to determine your specific VAT obligations and eligibility. This initial assessment ensures we tailor our approach to meet your unique needs.

VAT Registration

Our service simplifies the VAT registration process for you. We will complete and submit the VAT registration form on your behalf, ensuring that all necessary documentation is accurately provided. This step is crucial for ensuring your business complies with VAT regulations from the outset.

Tax accounting

Accurate record-keeping is essential for VAT compliance. We maintain meticulous records of all taxable transactions, ensuring that your business meets all regulatory requirements and is prepared for any inquiries or audits.

Submission of VAT Return

Calculating VAT liabilities or refunds can be challenging. Our team expertly handles VAT returns, ensuring accuracy and preventing discrepancies. We take care of the entire filing process, guaranteeing timely submissions and compliance with tax authorities.

Analysing the payable or receivable position on the return

Our team of tax experts carry out VAT return analysis that clarifies your payable or receivable situation. We simplify VAT management, helping you effectively identify liabilities or claim potential refunds.

Ongoing Compliance & Advisory

VAT laws can change and staying updated is crucial. We provide ongoing support and advisory services to ensure your business remains compliant with the latest VAT regulations. This includes regular updates on any changes in the VAT laws that might affect your business.

Audit & Reporting Support

In the event of tax audits or inquiries from the tax authority, our team stands ready to assist. We provide robust support during audits and furnish necessary reports for management review, ensuring transparency and readiness at all times. With our comprehensive VAT services, you gain peace of mind knowing that your VAT responsibilities are managed by experts. Contact us today to ensure your business is compliant and well-prepared for VAT-related challenges.

VAT Registration Process in Dubai

To register for VAT in Dubai, businesses and individuals providing taxable products and services need to meet specific criteria.
There are two processes for VAT registration:

Mandatory Registration

Required for all businesses if the total value of taxable supplies and imports in the last 12 months exceeds the minimum registration threshold.

Also mandatory if a company expects the total value of taxable supplies and imports to exceed the registration threshold within the next 30 days.

Voluntary Registration

A business can choose voluntary registration if it meets the mandatory registration criteria.
Voluntary registration is applicable if the total value of taxable supplies, imports, or taxable expenses in the past 12 months exceeds the voluntary registration threshold, which is AED 187,500.

Penalty for Non-registration of VAT

If a company doesn’t complete VAT registration within the specified time or fails to register after exceeding the manual threshold, they face a penalty of AED 20,000.

The Exempted Businesses for VAT Are

  • Residential properties.
  • Undeveloped land.
  • Local passenger transportation.

A Value Added Tax Certificate Consists of Basic Information Such As

  • VAT Registration Number
  • Date of VAT registration
  • Issue Date
  • Address of the registered entity
  • First VAT return period
  • VAT return due date
  • Start and end dates of tax periods

Why VAT Registration Is Important

Boosts Business Profile: Registering for VAT enhances a company’s reputation.
Prevents Penalties: Avoids unnecessary fines by complying with registration requirements.
Facilitates VAT Refunds: Allows businesses to claim VAT refunds.
Expands Market Opportunities: Opens up wider possibilities in the market.

VAT Return

For businesses registered under VAT in the UAE, filing VAT returns is a must. They need to provide information about both input VAT (what they pay to suppliers) and output VAT (collected from sales) during a specific period. If the output VAT is more than the input VAT, the business needs to pay the difference to the Federal Tax Authority.

Industries We Serve

Frequently Asked Questions

VAT is changed at a flat 5% rate.

VAT registration is required for the businesses whose annual turnover exceeds the mandatory registration threshold of AED 375,000.

Businesses with annual income under AED 375,000 can choose to voluntarily get registered for VAT.

Submitting a application form along with required documents will get the VAT certificate to you.

Get in touch with us so that we can discuss the whole list of documents with you and clear your doubts if you have any.

Expenses made for incurring taxable supplies can be set off against by filing VAT returns.

In the UAE primary authority is The Federal Tax Authority (FDA) who will provide the information. Alternatively a VAT consultant is a better choice as tax advisors can offer you dedicated support in VAT-related matters.